NovaGroup Joint Stock Company (NovaGroup) has just registered to buy 8 million shares of No Va Real Estate Investment Group Joint Stock Company (Novaland) by a transfer of share ownership.
The mergers and acquisitions (M&A) market in Vietnam is showing signs of resurgence in the final months of the year, with multiple companies announcing successful deal closures.
Despite the uncertain future of the real estate market, several prominent companies in the industry have recently announced significant profits. This has sparked optimism among investors and experts, suggesting that the market may be on track for a gradual recovery and a fresh phase of growth.
Many property developers are planning asset and stock sales as they look to slash debts, restructure business and stay afloat, which is expected to lead to a surge in M&A deals in the market.
In the current context of market volatility, many experts believe that it’s time for wise investors to pour money into a profit - making business, and NovaWorld Ho Tram - Long Island is a good choice.
This 1,000ha project features hundreds of entertainment and shopping facilities, as well as healthcare, sports, and meeting services, suitable for both short and long holidays, M.I.C.E tourism, and wellness tourism.
The northern province of Bac Ninh on August 24 held a meeting with a delegation of 50 local medical workers who will travel to Ho Chi Minh City to aid the southern hub's COVID-19 prevention and control work.
The luxury real estate model that includes a marina with high-class facilities has become a symbol of the life of the upper class for years. Many developed countries over the world have made their mark with this special model such as the Marina City in the US, Dubai Marina in the United Arab Emirates (UAE), and Marina Bay Sands in Singapore.
Despite the impacts of the COVID-19 pandemic, competition between coffee chains in Vietnam has become increasingly fierce with more giants trying to grab a slice of the lucrative market.
Novaland, one of the leading property developers in Vietnam, presented water purifying systems to schools in the south-central province of Binh Thuan’s Bac Binh district on June 30, which is facing a severe shortage of clean water.
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers
Novaland Group was recognised in the Top 10 Annual Report Awards for the third consecutive year, and in the top 5 Sustainability Report Awards for the first time.
Vice Chairman of the Vietnam Real Estate Association (VNREA) Nguyen Manh Ha has stated that there is still room for resort real estate to develop, especially in new markets.
Real estate developer Novaland is working with the People’s Committee of Hong Ngu district in the Mekong Delta province of Dong Thap to build seven new bridges.
